In the recent past, the ailing situation of finances of various states in India assumed utmost importance and attracted the attention of experts, analysts, policymakers and regulatory bodies. Many states initiated the reforms process to revitalize the poor condition of state finances. One such...

There has been deterioration in the finances of Andhra Pradesh over the last decade. The State is passing through a phase where the revenue generated is not sufficient to meet its expenditure. This creates scarcity of funds for investment in infrastructure. This paper studies the structure and...